Does Consumers County Mutual Insurance Company Still Sell Insurance?
UPDATED: Mar 25, 2013
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Free Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Asked March 25, 2013
Consumers County Mutual Insurance Company was an individual property and casualty company in Dallas, Texas. Today, the company still exists, but does not do business as a stand-alone company. Instead, Consumers County Mutual Insurance Company acts as the underwriter for Texas customers of the American Modern Insurance Group, which is in turn owned by the Munich Reinsurance Company.
Read American Modern Insurance reviews.
Consumers County Mutual Insurance Company was founded in Dallas, Texas in 1949. The company wrote auto, home, and specialty insurance. At the time of their acquisition by American Modern, the company had assets of 113 million and a net surplus 2.2 million, while their working capital had declined to $0.
Consumers County Mutual Insurance Company is not rated by the A.M. Best financial ratings company. Consumers County Mutual Insurance Company inherits the rating of the ultimate parent company, which is Munich Reinsurance. Under that company, Consumers County Mutual Insurance Company is rated "A+" (Superior), only one grade below the best rating available from A.M. Best. The parent company is thought to have assets in excess of 2 billion dollars, and was last rated in November of 2012.
Insurance Products Offered
Consumers County Mutual Insurance Company was a private insurer, and still underwrites private policies today, under the American Modern insurance company. Their policies include auto, truck, motorcycle, recreational vehicle, home, property, and commercial insurance. Coverage is also available for specialty needs such as mobile home insurance, personal watercraft, antique or collector vehicles.
Answered March 25, 2013 by Anonymous